Answer:
$104,800
Explanation:
The cost of land would be all the cost incurred to leave the asset ready for use:
$94,000 purchase cost
+ $5,000 fees
+ $7,000 demolition
- $1,200 recovery cost for demolition
<u>Total cost for land ready to use:</u>
$104,800
<u>Remember:</u>
The cost include the original purchase prica and the cost of preparation, delivery, handling, installation and professional fees. Because all this cost are required to leave the asset ready for use.
Answer:
A. Even after Balzania began requiring surface mine operators to pay reclamation costs, coal mines in Balzania continued to be less expensive to operate than coal mines in almost any other country.
Explanation:
What is true about the information provided in the scenario in relation to accounting for the drop in reclamation costs described is that: Even after Balzania began requiring surface mine operators to pay reclamation costs, coal mines in Balzania continued to be less expensive to operate than coal mines in almost any other country.
It was stated in the scenario that, ''Twenty years ago, Balzania put in place regulations requiring operators of surface mines to pay for the reclamation of mined-out land, <u>Yet, the average reclamation cost for a surface coal mine being reclaimed today is only four dollars per ton of coal that the mine produced, less than half what it cost to reclaim surface mines in the years immediately after the regulations took effect''</u>
<u>Hence, the cost in Balzania is lower than the costs elsewhere which implies that the products will be heaper in Balzania due to lower operating costs</u>
It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
<h3>What is the purpose of
sponsorships in a firm?</h3>
sponsorships is essential for the firm because it will help them to be able to sponsor their advertisement of their brand so as to bring more profit.
In this case, It is True that one reason for the growth of sponsorships has been the need for companies to break through the clutter of advertising.
Learn more about sponsorships on:
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This statement is true. This is because in any economy, as the population size increases, the capital per worker decreases correspondingly.
Yes and no.the store will hold the dress for a certain amount of time before letting go.although whether the store really holds it would be most likely no<span />